UK Medical Technology Sector Strength & Opportunity 2015

Companies, Employment and Turnover

- 3,685 Companies
- £21bn revenues
- 114,500 employees across UK
- 52% of employment and 65% of companies

Largest Segments by Employment and Revenue

- Single Use Technology
- Orthopedic Devices
- In-vitro Diagnostics

Top 3 segments account for 29% of all employment outside of the supply chain

Growth Trends

Over 2011 to 2015 a sample of 1,399 medical technology companies grew employment by 16,600 or a CAGR of 10.5%. Over the same period these companies grew revenues at a CAGR of 3%

- £50m Revenues Less Than
- 98%
- 81 Companies
- £50m Revenues in Excess of

Service and Supply Chain

- 1,002 companies, Employing
- 24,605 or 21% of sector total
- £4bn in revenues

Top 3 segments showing fastest growth trends in revenue were:

- Medical Imaging: 10%
- In-vitro Diagnostics: 7%
- Drug Delivery: 7%

Top 3 segments showing fastest growth trends in employment were:

- Digital Health: 28%
- Drug Delivery: 23%
- Single use Technology: 19%

* CAGR = Compound Annual Growth Rate

For More Info: www.lifesciences.ukti.gov.uk

www.gov.uk/government/collections/bioscience-and-health-technology-database-annual-reports